Block Reward
The block reward is the newly created coins plus transaction fees paid to the miner or validator who adds a block to the chain.
The block reward is what a miner or validator earns for producing a block. It has two parts: a subsidy of newly minted coins and the fees from the transactions included in the block. The subsidy is how new coins enter circulation on most blockchains, and it is the main way the network pays for its own security.
On Bitcoin the subsidy is currently 3.125 BTC per block following the April 2024 halving. At a price of 100,000 dollars, that is 312,500 dollars of new coins roughly every 10 minutes, plus fees that typically add a few percent but have at times exceeded the subsidy during fee spikes. The subsidy halves every four years, so fees are expected to become the main reward over the coming decades.
On Ethereum, validators receive newly issued ETH for attesting and proposing, plus the priority fees from transactions in their blocks and any additional income from ordering transactions. The base fee portion is burned rather than paid to the validator. Total Ethereum issuance is much lower than Bitcoin's in percentage terms, at well under 1 percent per year.
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